Payment reconciliation for cross-border merchants
Reconcile every cross-border payment. Recover what's leaking.
Txnworks matches authorizations against local settlement rails in real time — flagging the FX mismatches, delayed remittances, and missing credits that cost emerging-market merchants 3–5% in silent revenue.
Your PSP dashboard shows accepted. Your bank shows less.
in cross-border corridors
(industry estimate)
manual detection
From raw data to resolved exceptions in minutes
Ingest
Connect PSP, acquirer, and bank feeds via API or SFTP. CSV, ISO 20022 XML, and proprietary PSP formats all supported. Median setup: 2 hours per source.
Match
Real-time four-way matching: authorization × capture × settlement × bank credit. Corridor-specific tolerance rules handle local rail behavior from Pix to M-Pesa.
Alert
Instant exception flagging with root-cause classification — FX mismatch, settlement delay, missing credit — and suggested resolution actions, ranked by financial impact.
A reconciliation engine built for the complexity of emerging markets
Four-way matching
Authorization, capture, settlement, and bank credit matched in one pass
30+ local rail support
Pix, SPEI, NIP/NIBSS, GPN/Snap, M-Pesa, UPI, InstaPay, PSE — settlement rules built in, not bolted on
Real-time exception alerts
Mismatches flagged within 90 seconds of settlement file receipt
FX variance tracking
Authorized-vs-settled FX rate deviation tracked per transaction
Waterfall reporting
Authorized → captured → settled → credited waterfall by corridor
| TXN ID | Market | Auth (USD) | Settled (Local) | FX Applied | Status |
|---|---|---|---|---|---|
| TXN-4821 | BRL | $142.00 | R$711.80 | 5.0127 | Matched |
| TXN-4822 | NGN | $88.50 | ₦71,940 | 812.88 | Mismatch |
| TXN-4823 | MXN | $215.00 | MX$3,741 | 17.400 | Matched |
| TXN-4824 | IDR | $67.00 | Rp 1,048,560 | 15,650 | Pending |
| TXN-4825 | PHP | $39.00 | ₱2,167 | 55.564 | Matched |
Trusted by payment ops teams at cross-border merchants
We were losing track of settlement timing differences across five PSPs in three markets. Txnworks collapsed that into a single exception queue — our team handles the same volume with a third of the manual work.
The FX mismatch flagging alone paid back the cost in the first month. We found a systematic 0.2% rate deviation in our Brazilian corridor that nobody had caught.
Plugs into the payment stack you already run
Ready to close your reconciliation gap?
Request access and our team will map your corridors, PSPs, and exception volume in a 30-minute scoping call.